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by christmas. >> hoping to get some positive comments from john boehner. he is optimistic. a nice little boost. from negative to positive to the session highs, no 50 points away from dow 13,000 once again. the dow once again up 73 points. you have a lot of winners. the banking index is still under some pressure, but retailers are really stealing the show. many are doing well for a variety of reasons. take a look at costco. the money they're paying out to shareholders ahead of the fiscal cliff wall to get the dividend ahead of the higher tax rate, so costco joins many come over 100 companies that have done much of the same. paying out dividends so you can pay less taxes. melissa: thank you so much. lori: so thoughtful of the company. president obama invited middle-class americans to the white house to showcase those would be most affected a certain tax cuts are not extended. peter barnes live at the white house. >> 85 middle-class taxpayers joining the president at this event part of a pr push to drive them to extend tax cuts for middle-class taxpayers let them expire for wealthier taxpayers. t
't in the game. the john boehners and the barack obamas they don't have skin in the game. >> they are shooting for numbers to look good but they don't pay the price of the mistakes. you and i pay the price of their mistakes. >> let me bring up your book. the book is called "anti-fragile, things that gain from disorder" you said think of the economy as being more of a cat than a washing machine. >> let me explain about anti-fragile. the opposite of fragile is not robust. it is not harmed and doesn't get better from shocks. there is a category of things called anti-fragile that gin from disorder. the biggest mistake is to think of the economy and society in terms of an engineering problem. it's not the same thing. your washing machine and your cat are different. your washing machine needs continuous maintenance and repair. something organic, the human body, if you don't subject it to stressors, use it or lose it. if you don't object it to stressors you get atrophy and get weaker and blow up. >> i like what you say in the book. you say you favor businesses that benefit from their own mistakes. no
of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock step now than they were during the summer of 2011. if that holds, it really could help the house of representatives to get on 3w0rd of some type of idea. >> we've heard from chairman bernanke and others. how much of a factor will the fed and the ceos of all these major companies be as we get closer to this major deadline? >> one of the questions is how do people react where all these tax increase, all these spending cuts take effect. if there's no deal in the middle of december, say, do we start to see some real impacts? do companies start slowing their capital spending plans, do they start holding up on hiring. there's a risk that there could be economic damage even if there is a deal by january 1. maybe we haven't reached full agreement yet but we're close. we're almost there. i think having a sense that there's momentum and things are going the right direction is important for business confidence and getting through this without any economic d
at the staff level. apparently he called and he talked to john boehner on the phone. they had a deal almost. once before. i think the outlines of it will be revived and they have to figure out how to structure it. some down payment by the end of the year. some instructions to the tax write-in committee about how much money you will get out of revenue, entitlement and spending. then they can go forward. it really do think that the basic structure of this has not been blown up. >> bret: steve? >> yeah. i mean, i don't have a problem with the president making his case in philadelphia. that is fine. he is the president and he is entitled to do that. i have a problem on the emphasis on taxes and re-knews. that is all we have had a discussion of at this point. the way to solve our long-term debt issues as everybody in this entire town knows is by reforming entitlements. there has been so little discussion of reforming entitlement to this point, very little of it in public. back when they had negotiations the first time, the president wouldn't put anything out on paper. now you're having calls fro
are starting to turn away a little bit from speaker john boehner. tom coal rank and file member. is he part of the leadership but from oklahoma and basically said today extend them for the large majority for the middle class and come back and fight it out in january instead of going off the cliff. take a listen. >> everybody's taxes are scheduled to go up. and unless we fix that, paradoxically president obama becomes the defender of the bush tax cut for 98% of the people and he is he no such thing. >> bottom line is both sides are still laying out the same ideas they have been doing for weeks now. today irskin bowls one of the key budget experts says he believes there is a two thirds chance that he wool go off the fiscal cliff. that's not too optimistic tonight, shep. >> shepard: not at all. ed henry live on the north lawn. the president is sending one of his top negotiators to capitol hill tomorrow to meet with congressional leaders from both parties. mike emanuel is live for that part. is he live on the hill tonight. what's the latest on the talks. >> there is always hope for tomorrow tha
correspondent mike emanuel is following that story. >> speaker john boehner a central figure in cutting a deal says republicans offered a plan to avoid the fiscal cliff through the significant spending cuts and tax reform and are committed to working with the president. >> this is one reason why we believe we put revenue on the table. as long as it's accompanied by serious spending cuts. to avert this crisis. >> texas senator john cornyn says the bipartisan simpson-bowles deficit plan offered meaningful savings worth pursuing. >> they identified $1.1 trillion tax expenditures, benefits, deduction, credit and the like that could be cut as part of grand bargain. we ought to look at that. we need to flatten the code, simplify it and make it pro-growth. >> on the democratic side, senate majority leader harry reid told reporters he would like credit for what congress previously cut. >> we have already done a billion dollars worth of cuts. >> today, the top democrat in the house took a similar approach. >> i think it's important to note we have already agreed to $1.5 trillion in cuts in the budget c
, at&t. you see the signs here, just to name a few. on the republican side, house speaker john boehner says the gop has done its part and now it is time for the democrats to show their cards on spending cuts. >> we all know that we have had this spending crisis coming at us like a freight train. and it has to be dealt with. and in order to try to come to an agreement, republicans are willing to put revenue on the table, but it is time for the president and democrats to get serious about the spending problem that our country has. >> president obama and speaker boehner's last face to face meeting on the fiscal cliff was 12 days ago. though apparently they did talk over the phone this weekend. if the president and congress do not cut a deal, let me repeat myself here, massive tax hikes and spending cuts automatically kick in the first of next year. joining me now from washington is representative marcia blackbird, a house republican, represents the seventh district of tennessee which covers some of the suburb s between nashvile and memphis. nice to see you. thanks for coming on today. >>
or, b, limit deductions. but you know what the speaker of the house said the other day, john boehner, he said he's willing to do the latter. now you just saw what chambliss said. so is the era of grover and his you ubiquitous pledge over? >> no. i think grover deserves a great deal of credit for keeping that pledge to the american people and holding republicans' feet to the fire. gregg: is it over now? >> no. we have a different set of circumstances. perhaps what the democrats should have had is their own grover norquist on spending, and we wouldn't be in the mess we find ourselves in. but here's the reality, for the status quo. nothing's changed since two months ago. we have basically the same makeup in government. obama controls the white house, we control the house, democrats controls the senate. but guess what? the american people don't expect a status quo in governance. gregg: there's a recent rasmussen poll and, juan, i want you to take a look as well, 57% agree that raising taxes on those making more than $250,000 a year is a good idea. can you put that up on the scre
relief with just two pills. >>> 12 minutes past the hour. house speaker john boehner says nothing is off the table to avoid that fiscal cliff, including obamacare. automatic cuts will start january 2nd if an agreement isn't reached. he said in an op-ed, we can't afford it. and we can't afford it to leave it intact. that's why i've been clear that the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge. >>> a special election following jesse jackson jr.'s resignation from congress. jackson says he needs to spend time, quote, restoring my health. jackson mysteriously disappeared from capitol hill in may and his office later revealed he was dealing with depression and had been diagnosed with bipolar disorder. health concerns aren't the only thing jackson is facing, though. ted rowlands is in chicago. good morning, ted. >> reporter: good morning, carol. yeah. well, the health concerns are significant. he had two stints at the mayo clinic. talking to family members, that was the main reason why he just couldn't move forward. and he gave his l
they are republicans. then theyou have republicans. i don't see how we can survive this fiscal cliff if john boehner does not follow the lead of the president. he said a couple days ago we have to put obamacare in a position to and take some cuts from it. that's crazy. john boehner and mitch mcconnell and all of them have given the president a hard time. that's why we voted for these people and they are supposed to do our bidding, because people are hurting. host: let's take it to the state level in a carolina, state legislature, republican governor, republican. what are the big ticket items they will start working on? caller: i don't think the governor knows himself. he claimed that he will bring relief to the state. i don't see how he's going to do it. they are going to cut a lot of social programs that they call wasteful spending. people are going to really see what he's made of. what is your name again? host: what is that? caller: pope was the one along with the koch brothers that got it mccory into office. they are bought and paid for. they don't do the people -- everybody needs to be represent
john boehner needs to go. i think it needs to be a kevin mccarthy as well as in the senate. you know, we need new leadership. marco rubio would be a great senate minority leader, and it's bold, but we need the change in washington d.c. heather: but in the meantime, we have what we have right now, we are just a matter of weeks away, so what do you think they need to do, and do you think that president obama will take the lead with dwoarks this time around? -- with negotiations this time around? >> absolutely. and he has started to take the lead. he's met with congressional leaders, the ones that we have, and i don't think that those are going to change, and we're going to see another meeting the in just a few days. but what i think really needs to happen is that republicans are finally going to have to stop letting grover norquist and his pledge hold our economy hostage. and the great thing that we have seen in the last few days is that some republicans are finally saying, guess what? i'm actually going to put the country first instead of some pledge i took 20 years ago, for example,
to figure out what our legacy is going to be. with john boehner showing up with the john boehner interview, obama carys t obama carries the law of the land. if the coalition, the pressure of the people that voted, the election, the results mean anything to the right, they know that they are in trouble, because they are losing voters. they are losing their messaging. they need this four years, especially the first two, if they want to keep the house. if they want to look like obstructionists for a solid eight years, that is no way to take back the white house in 2016. >> i do think they are going to be obstructionists. what i would like to see from progressives is the same kind of organizing that conservatives did that put all these crazy people in the house. this is a problem. we got our guy in. >> then, we are going to yell at him. >> so we can't yell. we can't say, black-faced republican. we can not say these kind of things. that doesn't make anybody change. what does make change is for people to be consistent. i will use one example from the african-american community. souls to the poll
, and norah. the president and house speaker john boehner spoke by phone over the weekend. top aides in the house and senate tell us that negotiations at this point are just taking place between the president's staff and speaker boehner's staff. that's because any deal that involves raising tax revenue is going to face its biggest challenge in the republican-led house. top republicans returning from thanksgiving recess urged the president to make the first offer in fiscal cliff negotiations. and they expressed a new openness to raising tax revenue, if democrats agree to make cuts to strengthen medicare and medicaid. >> elections come and go. and when they go the spirit to find common ground becomes greater. >> reporter: georgia republican saxby chambliss and mark warner lead the gang of eight. four senate democrats and four senate republicans, who originally met in 2007 to craft a plan to cut the debt. >> you still don't have a final product after 2 1/2 years. why do shud we have any confidence that the president and the leaders should get anything done i
. that is just moments ago. we'll play for you what john boehner had to say about that. we'll talk to a key democrat about why the party doesn't want to deal on that front, all that. bill: you've got to wonder if it's not a part of the deal how does it pass the house. also republicans now countering the controversial d.r.e.a.m. act for young illegal immigrants. they have a plan of their own and one of the bill's cosponsors is live here to explain that moments away. martha: yes, she is. [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. bill: breaking news from the hill moments ago. republican leaders on the house putting their cards on the table when it com
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reid, mitch mcconnell, john boehner, nancy pelosi will be serious. going over the cliff doesn't make any sense. >> we all remember the t.a.r.p. vote that you reference. that really didn't come to a resolution until the markets -- i would argue -- scared washington. i wonder how important you think that is this time? do stocks need to fall before the two sides really get committed at the table? >> that is a terrific question. that's the main question. in two days we lost 1,600 points in the markets. it took us a lot longer time to come back and recover. i sat there and stared defeat in the face. we can't do it now. the markets will respond to certainty. that's what congress needs to give american business and american people. certainty about taxes. certainty about spending in congress and certainty about our commitment to lower the debt. >> how do you argue that you are considering all elements of reform if in fact you're going to stick by the norquist pledge. is there anything wrong with as senator graham has said with saying i made that pledge back then but my job is to be a senator
want to see congress work together on this. president obama says he wants to. john boehner says he wants to. there you have the titans of industry in new york with their rich, mahogany furniture all saying we need to solve this crisis. yet here we are a few weeks away and we're still both sides sticking to their negotiations. there hasn't been a lot on what specifically would you do. this is going to be tight. >> it's going to be tight and everybody should brace themselves before the fiscal cliff comes the fiscal roller coaster and it's going to look dark before either it's totally black as senator mccain likes to say or before it gets done. my bet actually is on getting things done, but i have to say what's depressing about listening to chairman bernanke is how many times we've heard those words before about the last fiscal crisis, whether it's debt ceiling or something else, it really is time for congress to show it can get something done. >> this seems to poll very well, this bipartisanship. you know it. how come there's such difficulty both sides really not willing to nudge off
are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obama bardened a thanksgiving turkey cobbler and alternate gobbler and they went to a local food bank to deliver food there. president obama today delivering his weekly address wishing all americans a happ
bring some hope to john boehner, the man in charge of actually negotiating this deal with the president. after the election, the speaker did say increased revenues were acceptable if coupled with entitlement reform. but will it be supported in the house? that's where grover is seen as more of a legend than a lobbyist. some are signaling the tax debate does not start and end with this old pledge. eric cantor, who was adamant last time about opposing any revenue increase hit that note on msnbc just this morning. >> there's a lot that has been said about this pledge, and i will tell you when i go to the constituents that have re-elected me, it is not about that pledge, it really is about trying to solve problems. john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric
and house speaker john boehner. it's a lot different animal than the senate gop conference. so that's the sort of bad news. while we hear a lot of this going forward and it seems to be pos tish, when you get down to the nitty-gritty and aides and those chose to president obama, there's not been a lot of movement on the taxive of what to do. republicans don't want to touch that. democrats want that. they feel they have a mandate from the election. that is the issue we said is going to be the linchpin for the last three months. it continues to be there. there is no movement on that. and until there's movement on how to come up with that type of revenue, 250 and above, we're going to keep having the same conversation about ongoing negotiations, talking points from both sides. >> luke russert getting down to the nitty-gritty. stephanie, let's get down to the markets. they put our chances of going over the cliff at about 5%. so why is the market freaking out? >> you know the market always wants to be a bull but it doesn't matter what side of the aisle to sit on you. have to agree we're n
john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth.
reid and speaker john boehner by phone on saturday when you see him this week he will be getting by with a little help from his friends ordinary unelected americans. joining us professor of economics at the university of michigan justin wool fers. great to see you. before i ask for your economic analysis i want to pose one question to my colleagues in new york, that is really about the optics of the president going straight forward and straight to the kisser as it were on the bush tax cuts, not really even talking about the fiscal cliff or the debt limit which looms in february or march. >> as we know there is no real fiscal cliff. it's more of a curve or a mole hill. it's serious and real but not going over the cliff. if there is something of a cliff-like situation, it's playing to the president's advantage. december 31st what he doesn't want, the bush tax cuts for the rich, will be gone. they'll also be gone with the middle-class tax cuts. two years ago the republicans tried to hold the president hostage and said listen, if you don't give us the bush high-end tax cuts we're not
it takes to communicate a sense of urgency. >> on the other side of pennsylvania avenue, john boehner says he thinks there is a way to avoid that cliff. >> it's time for the president and democrats to get serious about the spending problem that our country has, but i'm optimistic we can continue to work together to avert this crisis and sooner rather than later. >> and look who's coming to lunch. mitt romney will break bread with the president at the white house tomorrow. >> pledge of allegiance, anti-tax crusader grover norquist warns republicans against breaking their promise. >> it is possible if the republicans lose in such a way they've got their fingerprints on the murder weapon, then you have a problem. bush couldn't run again in '92 successfully because he had his fingerprints on a very bad deal, bad on spending and bad on taxes and he broke his word. >> what is alan simpson's message to grover? we'll ask him in a few minutes. >> how do you deal with guys who came to stop government or grover wandering the earth in his white robe saying he wants to drown government in the bathtub.
obama and john boehner. here's how we finished the day on wall street, near the highs. up 105 points. 12,983. we'll have technicians looking at this day, seeing if it's a key reversal. the s&p also in positive territory. market driven by headlines and bluster out of washington. yep, that's what investors should expect short term. maybe until january 1st. should they also expect a rally any time soon? according to ryan dieterich, rally could most definitely be headed our way. >> he joins us now to explain along with peter anderson from congress asset management company. bill mcvail from turner investment partners and our very own rick santelli. peter, i have to begin with you. with a name like congress asset management, is congress going to come through for your assets? >> well, i wish i had an inside scoop on that, but unfortunately, we're also left to speculate at this point. but i will say this. what's incredible about this market is the way the market moved up today, it's an instant polling network that the government can use, actually, to kind of float trial balloons to us and get a
the votes and neither does john boehner even if he wanted to put that on the floor so the goal of the pr campaign, the machinery kicking in to gear at the white house is to turn the voettes, get votes. swing counties, you know, the election may be over but the campaign continues. there are republicans around in these counties around philadelphia, three of the four districts, as a matter of fact, who can be counted only as swing voters in the house of representatives and that's the battleground where the fight is playing out, steve. >> okay. thanks as always. >>> now bringing in "the washington post" political columnist dana millbank a. point of emphasis is tax rates for the wealthy saying in the campaign to go up, he wants to make sure they go up now. dick durbin, number two senate democrat and close to the white house and gave a speech yesterday about the entitlement aspect. medicare, medicaid. the entitlement aspect and basically said we don't want entitlements to be part of the immediate talks january 1st but think as democrats they should be part of longer terms talks for next year.
deductions. and this morning, house speaker john boehner said he'd reinforced that position to congressman cole. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident that they have most of their folks in line. they all generally support keeping tax rates low for virtually for every single income group. they do not want to see incomes increase for that top tax bracket. >> brown: meanwhile, on the senate floor, minority leader mitch mcconnell criticized democrats for putting social security off limits in any deficit deal. >> as for social security, the only thing we hear from why in the world wouldn't they want to talk about the fact that this vital program started spending out more th
tell you from having visited john boehner's district north of cincinnati last week the fis cliff maybe an abstract discussion here in washington but out there in southwestern ohio, if we tip back into recession, the economic pain would be very real. middle town and the rest of southwestern ohio has been working its way back economically from the long-term loss of manufacturing jobs and troubles in the auto industry. the last thing this area needs now another economic setback from the fiscal cliff. house speaker boehner and his colleagues in the congressional leadership have founded conciliatory notes about their prospects that sounds like good news here at the local chamber of commerce here in middle town but only up to a point. >> i want to be confident. i want to be optimistic but no i think i would rather be veered at this point. >> reporter: one of the speakers constituents, steve hightower, has a petroleum distribution business, like the economy is doing well. he has known boehner for years and believes the speaker wants to make a deal with president obama to avoid the fiscal clif
-- but hurry, the offer ends on. stuart: john boehner said he is optimistic that the fiscal cliff negotiations will speak successful. use the word optimistic. market coming back a little on that. as we told you earlier forbes saying that 11 states are in a death spiral. their words. don't buy house in the 11 states, don't invest in their municipal-bond. joiiing us from one of those states is scott kennedy in chicago, ill.. what do you make of that? >> i totally agree. i am not going to buy another house in this state ever again and as markets said, at some point we will run out of spending other people's money. we can support the maxes with the tax rate here and obamacare on top of that. we are in a death spiral and more people will be leaving the state. stuart: i think you are a lifelong illinois guy and you are saying you would never again buy house in this state? really? >> do you know what the real-estate taxes are here? astronomical land set to go higher so we are going to be taxing those who bought houses already. people are not going to buy any more but they can't rent either because no
that the problem is that you have john boehner, president and mitch mcconnell negotiating with the exact same congress that they had when they couldn't make a deal the last time. so i think until the personnel change, i'm not sure you can get a deal. >> and juan kessler, the fact checker for "the washington post," has reported that, you know, you have to come from, like, some point point. you have to have a negotiating point to start with. he said democrats and republicans haven't even agreed on a baseline yet. they're about $3 trillion apart because of ending the wars, medicare, other cuts. so how do you come to some agreement in what is a numbers game really if you don't even have a number to start with? >> i think one of the things we'll see happen here is the idea of a grand bargain, of one deal that gets all this stuff averted between now and -- it's not going to happen. it doesn't seem that there's anything that would suggest that they'll be able to get to that point of putting this all together into one deal. so what will happen is they'll figure out some solution that gets us past the
out between president obama and john boehner. >> i guess so. because dick durbin himself has been confusing in what he's been saying publicly. on sunday he said sure medicare and medicaid can be part of the discussion. today he's giving a speech where it should not be part of the conversation. there this morning he's saying once we get into a room, we can start talking about it. and there are ways that i think liberals would agree to do medicare and medicaid. you know, if you're tinkering on the supplier side like, you know, say medical device companies or something, or reimporting drugs from canada, or allowing medicare to negotiate, or reduce price, or add a public option to health care reform. you know, that would save money. so there are things that democrats would do when it comes to entitlements that would save money. and maybe that's what dick durbin is talking about, but those are the exact opposite of the things that republicans would want to do when it comes to entitlements. so harry reid's strategy might be the easiest one. just say, look, this is not part of the conver
speaker john boehner. he wrote, "over the past several months as my health has deteriorated, my ability to serve the constituents of my district has continued to diminish." the drama around jackson began this summer when the congressman disappeared for weeks. the public, even members of his staff, didn't know where he was. finally, in late july, the mayo clinic revealed jackson was being treated there for what was later diagnosed as bipolar disorder and depression. his famous father uncharacteristically quiet about the matter. >> the fact is, the congressman is under medical supervision and is right now regaining strength. >> reporter: jackson was released in september, then readmitted last month. his return to the clinic came amid reports that the congressman faced a federal investigation into the potential misuse of campaign funds, including allegations that jackson used thousands of dollars to redecorate his washington, d.c. townhome and that he used $40,000 to buy a rolex watch for a female friend. even so, jackson was easily re-elected to the house just a few weeks ago. even though
. >> reporter: in his letter of resignation to speaker of the house john boehner, jackson wrote, "my health issues and treatment regimen have become incompatible with service in the house of representatives." the son of civil rights leader jesse jackson, jackson, jr., mysteriously disappeared from public view last june. it was later revealed he was undergoing treatment for bipolar disorder. jackson was reelected earlier this month, though he did not actively campaign, recording only a single message for his constituents. but his health may not be the only factor in jackson's decision to resign. for more than a year, the washington field office of the f.b.i. has been investigating the possible misuse of campaign funds, according to federal sources, who say discussions about a possible plea deal began in just the past few weeks. today, for the first time, jackson acknowledged that investigation. a plea deal does not appear to be imminent, jeff. late today, jackson's lawyers put out a written statement in which they said, "we hope to negotiate a fair resolution of the matter, but the process c
campaign funds to buy jewelry for a mysteries and remodel his house. in a letter to speaker john boehner he said i am aware of the on going federal investigation into my activities. i am doing my best to cooperate with the investigators and accept responsibility for my mistakes. they are mine and mine alone. none of us isee tune from our share of short come eupblgs or human frai hume trail tees. gregg: explain what happens to his seat. >> reporter: we expect to have a date for a special election in four days. pat quinn will make sure th the election is fair and as economical as possible for the taxpayers who have to foot the bill. that being to you. gregg: thanks very much. ainsley: back to the breaking developments an on benghazi. ambassador susan rice breaking her ten-week silence and defending her actions. when she said the attacks came from and anti-muslim film. >> i relied solely and scare leon the information provided to me by the intelligence community. i made clear that the information was preliminary, and that our investigations would give us th the definitive answers. ainsley: joi
. house speaker john boehner sending an ultimatum to the president saying his healthcare plan has to be on the table as congress works to avoid a fiscal cliff. >> a new report of the death of usama bin laden reveals shadowy details of the at-sea burial of the world's most wanted terrorist. a cloud hanging over excited shoppers on black friday as workers at the nation's largest retailer get ready for a possible walkout on the busiest shopping day of the year. heather: we can see groups of walmart employees demanding higher pay and better benefits and urging employees to walk out if the demand are not met. with the national labor relations board holding off on a ruling until after thanksgiving, it looks like thousands of shoppers could see serious disruptions. james rosen live for us in our d.c. bureau. >> reporter: heather and rick, happy thanksgiving to you it's an unusual situation when walmart seeks protection from the national labor relations board. that agency was only handed this case last friday. federal investigators have been deposing witnesses and reviewing documents in a
warfare, targeting the weast of the house john boehner states the president backed away from an agrmeetid compromise on rais the debt limit. an article in the nto tinagazine tenmpl to support th charge. a recent orok by bob wobsdward paints a picture of obama standing firm against john oriesner in the nts wotiations. the apparent requirement for resolution of major muscle patient approaches and appears even more rigid positions are being forecast for the next congress, it will take an unusually skillful second term president to deliver s is autio to the financial problems facing the nation. .. >> he should recommend a creative revision of the tax laws and serious debt reduction programs. he should encourage congress to enact an annual budget which has not occurred for the past three years. he might come up with a proposal for inventive public/private partnerships to improve infrastructure including the electric grid. and, of course, continue to encourage any energy independence. a resolution of the supply of unsold houses should be sought, but all of this will occur only if a reelected b
travis bader will arrived -- john boehner will arrive. >>> they are looking into who will be the starting quarterback when he was asked to replace alex smith and harbaugh said we will address it at a later date. he passed with 231 yards scored a rushing touchdown and threw that touchdown pass to frank gore. the 9ers defense was incredible. the saints quarterback was sacked 3 times and returned two upper exceptions for touchdowns. -- interceptions for touchdowns. >>> big story this morning in traffic, tara? >>> that's right, if you live in the peninsular or marin and sonoma counties you are looking at patchy fog all of the area bridges are under a fog advisory, highway 37 westbound slow going as well as at the petaluma area. let's go to steve. >> after the fog we will have more on mornings on 2. >>> we will tell you how dangerous it is, stay tuned for the latest on driving conditions. >>> and in san francisco, carbon-monoxide poisoning more than a dozen people were sent to the hospital. stay with us, we will be right back.
the years. >> reporter: he keeps them all on file. here's john boehner's pledge signed 20 years ago. if somebody signed this 10 years ago or 18 years ago, 20 years ago, are they still bound by it? >> now when you got married, did your wife understand there was an expiration date on that promise? when you borrowed money to buy your house, did you say, "oh geez, that mortgage? that was ten years ago. you're still asking me for money?" you know, if you make a commitment, you make a commitment. >> reporter: the pledge is the biggest obstacle to any deal that would raise taxes, but with a budget crisis on the horizon and a re-elected president insisting on tax increases, some republicans are now thinking the unthinkable, ditching the pledge. >> i will violate the pledge, long story short, for the good of the country. >> i'm not obligated on the pledge. >> the world has changed, and the economic situation is different. >> reporter: and while virtually every republican in the past signed it, nearly a third of the newly elected house republicans refused to sign it this time. republicans dit
place between just two people: house speaker john boehner and the president. boehner and the president spoke by phone on saturday, agreeing not to share details. but senate republican leader mitch mcconnell said today the g.o.p. wants the president to make the first move and issue a proposal to raise tax revenue and cut spending. >> this he's the only one who can lead his party to do something they wouldn't ordinarily do. to do what's actually needed now. >> reporter: prominent republicans are signaling they're now flexible on increasing tax revenue, with a few in the house and senate distancing themselves from that no tax increase pledge that many of them signed, a pledge created by lobbyist grover norquist. house majority leader eric cantor, senator lindsey graham of south carolina and senator saxby chambliss of georgia all said there could be an increase in tax revenue if democrats agreed to controlling the cost of medicare and medicaid. >> there's a right way to do this and there's a wrong way to do it. but at the end of the day, nancy what's got to happen is whoever's right or wro
it with a approximately 5000 ornaments. and it will be led by john boehner next month. >> coming up in sports the san jose basketball takes on the no. 10 team in the country. and smith, kaepernick, kaepernick course met the 49ers continues. what are bought and of course gary, next. music's, ready ! share the harmony... she'll be here soon ! she'll love this ! share a sweeter welcome... hey, hola, cómo estás ? hello, hey everyone. es un pla-cer co-no-cer-te. encantada. share everything. this holiday get verizon's share everything plan. unlimited talk, text and shareable data... ... across your family's devices, all in one plan. get a droid razr m by motorola for $49.99. phil (male announcer): now, here's stanley roberts who found people behaving badly. blog. this is not difficult to find these collection bins. they would believe that your donating things for charity. >> how are you are donating because that is what is on the box. and yes, they will word is used words like to donate but it says for profit. and the interesting thing is that they do not even know how they got here. this one and safeway has
speaker john boehner and has said he's willing to put almost anything on the table except social security. he wants to deal with that separately next year, but republicans want all entitlements included in talks. they want the president to make the first move with an initial proposal. and the white house says it has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>> coming up on the morning news, click and shop. cyber monday rings up record sales on what's expected to be the busiest online shopping day of the year. this is the morning news. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of spl
's representative in the negotiation, and harry reid is telling a far different stories. john boehner and his caucus, the target, again, of senator reid's blame game. the senate majority leader insistent that republicans are the only onee in the way of the deal. reid asked point blank what the first thing would be, and he offered this curious answer. >> well, remember, we've already done more than a billion dollars worth of cuts. we've already done that. we need to get some credit for that and the negotiations that take place. lou: meanwhile, according to the white house, everything is not on the table, the table that a president is not scheduled to be seated at. carney confirmed that president obama will not find any extension of the bush tax cuts for the top 2% of the earners in the nation, and a look at the president's schedule for the remainder of this week shows nothing in the way of negotiations on it. the president reverting back to campaign mode as the white house decided to lobby for public support of his fiscal cliff policy positions rather than negotiate a compromise. president obama beli
. >>> aids activists are zeroing in on house speaker john boehner. at least seven of them took off their clothes outside his capitol hill office, in protests to potential spending cuts to hiv programs. saying they wanted to highlight the, quote, naked truth. the three nude women were arrested. but the men left before police arrived. >>> and a family tragedy overnight on new york's long island. a 6-year-old boy died when this city bus smashed into a home. the driver was apparently trying to avoid a pedestrian when he lost control of that bus and crashed into a front bedroom. the child died later at the hospital. >>> and that jersey shore rollercoaster that was swept off a pier and into the ocean by hurricane sandy, is going to be removed after all. at first, the mayor of seaside heights said the remains of the partially submerged rollercoaster would make a great tourist attraction. he now says, these were his words, that was not the brightest comment. >> very few people would disagree. >>> teen actor, angus t. jones, is clarifying his comments that denounced the show "two and a half
the president has to say today? >> reporter: speaker john boehner just had a news conference on capitol hill and he expressed frustration because he is saying look, republicans put some tax revenues on the table but what they see the democratic side trying to pull entitlement reforms like medicare off the table. john boehner basically saying he thinks the spending situation is sort of a freight train that is coming at the nation right now. republicans senator mitch mism the leader in the senate -- mitch mcconnell blasted the president of saying he is doing is too much campaigning and not governing. take a listen. >> it is over. he won. congratulations. we have a hard deadline here however. and it is still, he is still out on the campaign trail, kind of celebrating. this is the problem. if the president really wants to reach an dwreechlt he needs to be talking with members of his own party right here in washington trying to broker an agreement, not out there firing up crowds and giving speeches. >> reporter: now the bottom line when you listen to comments like that it is pretty clear both sid
and top republicans including house speaker john boehner are accelerating. but the white house must contend with members of his own party who are pushing back against proposals that significantly reshape entitlement programs like medicare and social security. white house press secretary jay carney said yesterday the president is open to compromise and should republicans make a realistic proposal on taxes, they will meet them halfway. >> math tells us that you can't get the kind of balanced approach that you need without having rates be part of the equation. we haven't seen a proposal that achieves that, a realistic proposal, that achieves that. the reality is, closing loopholes and ending deductions as an alternative to raising rates on the top earners, top 2%, those making over $250,000, sounds good, but you have to look at the actual contents of those proposals. >>> and a new poll shows the majority of americans do want compromise in order to avoid the fiscal cliff. 67% say a deal should be a combination of spending cuts and tax increases. and if no deal is reached by the end of t
to table on certain things, as did john boehner, unfortunat unfortunatea tea party guys came to the table. neil: that is mark. >> once again year irrelevant. this is the tea party guys fault. this is against mainstream, all of them want big spending, that is what they are looking for, maintaining a big government is in their interest, people cannotment it any more despite electoral results exit polling show people' less deficit, less debt they are worried about long terlong-term financial security. >> they said they would like to raise taxes on 1% of earners. >> they are so evil. >> thank you very much. you might have heard about this you get a blue flu shot every year this time, what if i told you, there is a place, you don't get a flu shot, you loss your job. talk about a real needle in the hype i, after this. -- heine i, after this. so, you actually reward people for staying with you? yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guysust have your own loyalt
for boost®. >>> house speaker john boehner says the country can't afford obama care. joining me for today's strategy session our cnn contributor and democratic strategist donna brazile and senior kriblt tor and editor and chief of, erick erickson. thanks for coming in especially on the day after thanksgiving. erick, i want to begin with you. house speaker john boehner wrote this "we can't afford to leave the president's health care law in tact. that's why i've been clear the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge." where after this election does the house speaker if you will get the political capital to take this tact? >> well, at first, i have to point out, it's not just the day after thanksgiving, this is during the lsu game that donna and i are here. >> go tigers. >> arkansas. yes, the big game. now as to john boehner, the issue here is many of the states are opting out of state exchanges. there was a quirk when they passed the law nancy pelosi said you have to pass the law to find out what was in it, what was
the debt limit unless forced to by john boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cann
and what they are. is allowed john boehner and mitch mcconnell to govern recently. it's about the republican governors passed out ushers at the red states for the 24 states republican governors, republican legislature. blue are the 13 of 40 state spending on how you count new york, 13 of 14 state that a democratic governor and a democratic house and senate. and there you see the red states are not raising taxes. they're cutting taxes in the red states and blue states are raising taxes rather than reforming government. so the fight we're having in washington where there's gridlock in the stage of the opposite of gridlock. for the last two years. "new york times" wrote an article about last week, it's been true for two-year -- >> about the legislators -- >> the legislative in the various states that you've got 24 states if the republicans get together they can turn the state into hong kong or texas. you have 13 maybe 14 states if the democrats because they could turn their state into greece or california. >> we are in washington and the wording goes back to 86, right? >> yes. pa
house speaker john boehner and harry reid this weekend for avoid efforts on fiscal cliff. on wednesday president obama will seek more input from top ceos, including gold man's lloyd blankfein and caterpillar's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how important is it that we get an agreement before the end of the year? >> this is like the debt ceiling argument. people got into a panic. that's something we even imposed on ourselves to decide that the debt shouldn't go too high. so it's not a bad thing. same with the fiscal cliff. what are we saying with the fiscal cliff? we're saying the economy might be revealed to be what it's actually doing because we'll take away the artificial supports because we think it's held any enough now to maybe after itself. that might entail a step drop because at the moment we're giving these tax breaks, but we're doing it out of our saving. >> but the point isn't jus
reporting the president obama and house speaker john boehner were talking over the weekend. connell: rich edson is on the story in d.c. rich: congressional and white house staff are still meeting. they last got together two weeks ago. congressional aide say they are still waiting for another invitation from the white house for the second meeting. two sources close to negotiations confirmed that tim geithner is the point man. he has been arguing there is too little revenue from simply closing tax reductions. republicans refused that approach. >> if you can simplify this tax code and make it more flat, eliminate all kinds of loopholes and gimmicks and actually increase revenue without raising the top marginal rate which most economists say would hurt this economy if we were to do it. rich: there is some discussion in washington about increasing it for a higher rate than what the president wants. the president wants it for $250,000 a year. a threshold will not make that much of a difference. raising the threshold to a half-million would mean 7 billion was to the treasury over the next decade
that there is a war going on, not just in the democratic party, but the republican perhaps much more intense. john boehner is trying to work a deal with the president to do tax reform and entitlement reform and his deputy, the majority leader, calls people like paul ryan, who is now running for vice president. .. >> if you keep doing this, you are going to risk your speakership. the president said when i talked to him, interestingly enough, he said in fixing -- he realizes the magnitude of all of this, as does speaker boehner, key democrats, key republicans realize what it is. and the president literally said to me, i would willingly lose an election if i could solve these problems. it is that serious. tim geithner, the treasury secretary, in the book is quoted thousands of words telling the president, you have got to do something about this problem. we have to fix it. you literally, it's not that we're going to close down the government, we will close down the american economy and, in turn, the global economy. if they do not solve the issue of this runaway spending, get some way to stop borrowing
said that both spending cuts and new revenue need to be on the table. house speaker john boehner said that obamacare should be fair game, also. we have a former rnc spokesperson and dnc spokesman. great to see you both. there is a lot of finger-pointing and blame. but the fact is, enough people voted on what has gotten us to this point. who steps up at this point? and has a chance to show leadership and get something done? >> i think the president is in the right position to do that. i am a little bit worried about speaker boehner's position, that's what the op-ed, saying obamacare should be on the table. one, the congressional budget office took a look, if you repealed obamacare entirely, it would cost $109 billion. so i don't think the speaker's put it on the table because it helps, i think he put it on there for positioning. but there is a problem there. the american people have had this debate. mitt romney maid the case that obamacare should be repealed and said it would be the first act. he made that case forcefully, in debates, ads, throughout the campaign. 40% of america greed
will be covered with 5,000 ornaments and it will be lit by house speaker, john boehner, doing the honors to power that tree on december 4th. so look forward to that. but pretty shot there. >> how would you like to deck kate that -- decorate that. >> yeah. >>> why a gas company president is defending a worker who caused the massive explosion in massachusetts. [chanting] >>> and what's happening in egypt after several days of violent clashes after the new leader's power grab. you know how much grandma wanted to be here for your fist christmas? you see grandma lives waaaay down here, and you live way up here. brian, your cousin, he's a little bit older than you, he lives here, in chicago. and your aunt lisa lives here, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! >>> well, clear skies for a few. a lot of fog for others. that dense fog advisory will go until 9:00 and it will be sunny. you can see tha
with changes to medicare and medicaid. so you have republicans like john boehner the house speaker saying you can't just make tax changes in the short term and promise down the road you will cut spending, you will reform medicare. this is where the debate is headed. both parties are split even more than we have seen with this development. you have the white house suggesting they want to deal with the tax part of this. and the republicans saying let's see the spending cuts. megyn: i don't see -- what would make the republicans in terms of just a sheer bargaining power. what would make them agree to tax hikes on the rich if they didn't get spending cuts? it's the one thing they don't want and they are holding sort of those middle class taxes and the other side they are holding them hostage, right, the democrats say that. but they are sort of holding out -- we are not going to raise tax for anybody until we get our spending cuts. >> reporter: jay carney in one of his other answers to a question suggested the pressure on republicans and everyone, is that there is a deadline on the so-called fisca
in elections in years to come. i think that they realize from john boehner the speaker of the house to mitch mcconnell somewhat in the senate. on down, that the kinds of extreme policies that we saw in the republican primary, mitt romney, rick santorum, michele bachmann et cetera those policies are not going to win over hispanics. they're not going to win over asian americans. >> jennifer: you are not going to see i predict a super pac that is a pro-choice republican super pac though, right? that's an issue they won't touch. >> i believe that abortion is an issue that they will not touch. they -- they saw what happens when you anger women voters in this country independents, republicans and democrats but abortion i think -- the republican party is not there yet. i don't know if they will ever get there. >> jennifer: well instead of republican moderates, shouldn't we just issue democratic cards to the membership, cards to the democratic party? i don't see how they're going to do it. you have mayor bloomberg's super
submitted today to house speaker john boehner's office. but he also wrote, quoting here: i am aware of the ongoing federal investigation into my activities and i am doing my best to address the situation sonsably, cooperate with the investigators and accept responsibility for my mistakes for they are my mistakes and mine alone. mike tobin is live for us in chicago with more. mike, did this come as a shock to anyone? >> no. for the reasons you just mentioned, no one was surprised that the congressman stepped down. in fact it was a question of when it would happen. however, fellow politicians and friends here in chicago were quick to jump to the congressman's defense and say his resignation is not an admission of guilt. >> he hasn't been indicted. he hasn't been charged. he hasn't been convicted of any law -- breach of the law, none at all. all right. some would argue that if he really wanted to cut a deal, you stay in congress and negotiate from a position of power. some would argue that. >> the most prominent allegations reported against jackson are that he skimmed campaign cash to
john boehner the former congressman jesse jackson junior prioritizes his health as the reason he is stepping down. he does acknowledge the investigation that dogged him. writing i have made my share of mistakes and aware of the ongoing federal investigation in my activities and doing my best to address the situation responsibly. cooperate with investigators and accept responsibility for my mistakes. they are my mistakes and mine alone. they talk about skimming campaign found remodel his house and buy expensive jewelry for a mist res. he was investigated by the investigating committee after being caught up in the blagojevich scandal. he met with businessmen who raise money for blagojevich if jackson were appointed to the senate seat vacated by president obama in 2008. >> they feel like they can do this [bleep] to do anything under the vague assurances, or something, then i'll [bleep] jesse junior. >> this is a long fall for a congressman initially thought to be a rising star on capitol hill. with terrific name recognition and invitation to address the national convention four year
jackson jr. has resigned. in a letter to house speaker john boehner, jackson cited his ongoing treatment for bipolar disorder, and admitted to, quote, my share of mistakes. there's a house committee investigation into his dealings with rod blagojevich and a probe into possible misuse of campaign money. >>> the violence in syria continues today. at least 40 people were killed in the town of aleppo. this is not the first time this hospital has been shut. earlier this year an artillery shell hit a maternity ward. >>> secretary clinton and president obama and mahmoud morsi brokeringed a cease-fire. no sirens, have you heard any? >> reporter: no, that's right, alex, all quiet, no sirens here. there were a couple earlier in the day in the south. they turned out to be false alarms. the cease-fire went into effect 9:00 last night local time, which is about 18 hours ago. so it's a hopeful sign. of course, it's early days yet. when the cease-fire was announced yesterday, the palestinians in gaza were ecstatic. there was celebration, thousands of people in the streets firing guns into the air for c
's been suffering from bipolar disorder and dedepression. he did submit his resignation letter to john boehner. he talked about his health and his accomplishments and also talked about the investigation that's ongoing looking into the possible misuse of campaign funds. they are my mistakes and mine alo alone. that part is interesting because sandy jackson, his wife, is an alder person here in chicago. according to the wall street journal she is involved in this i think ve investigation. she's been talked about as a possible replacement. we haven't heard from jesse jackson jr. or senior on this. >> i just find it's so painful at this point for me not only to know that he won't be in the congress but to know that he's still struggling with a serious, very serious mental health issue. >> ted, is this an indicator this is the end of jackson's political career? >> reporter: well, i would think so when you look at the totality of all that's happened to him in the last six, eight months. when you have the mental health sur issues, let's say he gets that under control, he still has this invest
to be up for negotiation. house speaker john boehner wrote an op-ed. the president's health care law, massive expensive unworkable at a time when the national debt sees the size of our economy, and we can't afford it and we can't afford to leave it intact and clear that the law has stay on the table as both parties discuss ways to solve our nagsal debt challenge. where is it going. >> nowhere, he's right about everything he writes about, but it's a disaster, no way it's going to be stopped. it was an issue that the country decided this election, obama staked a claim and he won. the supreme court was the only other way it was going to be stopped. it wasn't stopped, it's not going to be stopped now. and the idea that to oversight committees in the house could stop this is absurd. look, i think it's right. it's going to be disastrous and should be cut back or dismantled, but elections have consequences and this is one. so, i think it's not on the table and republicans can pretend it is, but it's not. there's a lot of other stuff on the table and that's rates and i think if you want to p
speaker john boehner and republicans want bigger cuts in government spending. thanksgiving gave lawmakers a quick break from the fiscal cliff conundrum. now it's time to hunker down and get back to business. >> reporter: after meeting with president obama before the thanksgiving holiday -- >> i want to welcome the congressional leadership here. >> reporter: -- congressional leaders expressed optimism to reaching a deal. >> we had a very constructive meeting with the president. to talk about america's fiscal problem. >> we have a corner stones of being able to work something out. >> reporter: staffers have been working behind the scenes to fine common ground. among the big sticking points how to bring in more tax revenue and reduce spending on programs like medicare. but it's not yet clear when lawmakers and the president will meet next. even if some progress is made this week a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. they tend to do better when they have a deadline so i would be pleasantly surprised to see it, a deal em
in cutting the best deal possible. i think john boehner is the one who has the weight of the world on his shoulders in terms of trying to navigate a deal that, at the end of the date -- the day will not be a bad deal. not everybody will be happy with the deal. that is what dealmaking is about. we have to hope that it is the best deal possible for us. >> i would just add in terms of republicans, funding for education is caught up again in the bigger issue of the non- discretionary spending. i could be talking of how much money title one and pell grant program should get. our number one goal is to get rid of sequestration. there are republicans who are a bit champions of funding for special education for children with disabilities. it has been part of the more bipartisan progress. there is a program called impact aid, she does not help -- which does not help lower income people that much. many believe that lower education is a waste of money and we should get rid of it. we are fighting that group of members. >> we are actually hopeful for a deal. the president in his jobs bill called for fu
and personality of president, john boehner and senator reed and senator mcconnell. what's on the table here is of course this week you see more republicans saying we're not going to hold to this grover norquist idea, norquist being the man everybody who is a republican has to sign a no tax increase -- >> chris: they've already sign it had. >> this week you had saxby chambliss from georgia joining people like john mccain, tom coburn and others and 12 members of the house who say republicans have to be willing to -- we did not win the election. the president's back in office, you have to make a deal. the president needs to deal too. this sometimes doesn't get attention but you heard nancy pelosi, harry reid, they expect a deal along with charlie wrangle before the deadline because the unions are advertising say don't you dare cut our programs badly. you see it advertising from the republican side. both sides are under pressure for a deal now and they're going to make it. >> chris: that's an optimistic view. bill, let me ask you, you can respond to sister chaney about this. one idea that was f
to say we will put revenue on the table and i think john boehner was crystal clear that revenue is on the table. the president needs to say here's my grand vision. >> she says the president should focus on addressing the issues that would jump start small business and encourage entrepreneurs. >>> the nhl lockout turned ten weeks old and business s are hurting. many bars and restaurants rely on customers that come in on game days. on friday the nhl announced the cancellation of games through december 14th. henry's high life is one of the businesses starting to feel the pinch. >> the gooim nights the games would be scheduled tuesdays and thursdays, business is down 50%. a huge impact for us and a lot of servers and bartenders aren't making the money we used to make and wemy miss the fun that comes with hockey. >> fans and business owners are anxious for a contract but there are no negotiation sessions set up. >>> san jose state has the best football record since 1987. now they are ranked number 25 in the bcs, something that has never happened for the spartans before. and they are
increases. john boehner will likely make the final decisions on what the team decides in terms of the deal. >> thank you so much. >> it is time now to take a look at who is talking and thousands taking the streets in cairo after mohammed morsi taking total control of the country and won't answer to the branch of government. they are afraid the latest power grab will lead egypt away from democracy and back into a dictatorship and possibly all of the way to shirea law. >> nonislamist egyptian activist mohammed el baradei is calling on the united states to condemn morsi. i am hoping to see a strong statement of condemnation by the u.s., by europe and everybody who really cares about human dignity. democrat and chairman of the senate committee of armed services carl levin says america needs to play the middle. >> i think we have to be cautious. we doesn't want to see a democratically elected auto krat take the place of an unelected dictator which is the case before that. on the other hand there are real pluses here. >> they will push the white house to take a side. they need to condemn morsi a
with john boehner this weekend and expressed confidence the deal can't be reached before the deadline. that's what most americans want. in the the latest poll. >> when you're $16 trillion in debt, the only pledge we should make to each other is to avoid. >> you signed it 20 years ago, 18 years ago is for that congress. the world has changed. >> joining me now is the man in the middle of this storm, grover norquist. grover, welcome to you. >> good to be with you. >> you can't comply on the bounty the mutiny has begun: >> it's funny to watch a senator or congressman who got himself elected by promising the citizen of his state that he would go to washington to reform government and not to pay taxes. when the going gets rough he wanted to debt ceiling increase. the same cast of chakts are turns in the homework for the second tyne two years later and there's not a snowball rolling. the good news is the people that gave a commitment to the american voters. for four years president obama has not reined in spending. all he did is demand $1.6 trillion of tax increase so he can spend more money, not
of the republican party. a lot of people think it's john boehner. is it this guy right here? [ buzzer ] not him. a lot of people think it's grover norquist. is it grover? no not him either. [ buzzer ] so who is it? you got to understand, the politicians take their orders from their donors. and grover norquist is not the mr. donor himself. he funnels the donor money. who is actually in charge? these guys. this is lloyd blankfine and david coast, they're also on this thing called the ceo fiscal leadership council. what is that? that's a bunch of ceos who got together and said, all right no more being zealot, increases or any kind of revenue increases fine. but obama is offering an awesome deal. let's take it, it's over. they're sending their messages out to the republican senators and congress saying it's time to make a deal. this deal still kicks ass for us. we'll cut the living hell out of what we call entitlements, social security and medicare and medicaid. lloyd blankfein listen to what he said about so-called indictmentment. >> you'll have to lower people's expectations, the entitlements and
it to this year. now we lead up to this moment. last february, john boehner speaker of the house sent a leletter saying this fiscal cliff is bad for the economy. let's work together now. president obama says no than thanks. this killed me. nothing changed since december of 2010. president obama talked about losing in the midterms and said the worst thing we can do is high inemployment and slow economic growth is raise taxes on anybody so support me in extension of the bush tax cu cuts. nothing has changed about the economy now but the economic growth projections are worse. this is not a great way to make good policy. >> kimberly: that is their campaign slogan. they don't make concessions. they have to do something serious about cutting back on spending. coming back in with the entitlement. without that, it won't make a difference if they raise taxe taxes. taking out the bush tax cuts won'tbe make it go away. >> eric: the food stamp recipients. the latest number. $47 million. more than alabama, connecticut, delaware. minnesota, nebraska. nevada. new hampshire. new mexico. north dakota, oklahoma,
do you do that? well, john boehner went to the white house ten days ago and said republicans in the house are willing to put revenues on the table. that was a big move, right? >> a big move? huh? the gop has always been open to raising revenue. governor romney even promised to do that. it seems awfully similar to what speaker boehner offered a year ago during debt talks. >> we have an agreement on a revenue number. there was an agreement on some additional revenues. >> i stuck my neck out a mile and i put revenues on the table. >> revenues on the table? the gop is essentially offering the same thing they did a year ago. plus, they want to keep tack rates for the wealthy the same. they want to cut entitlements, postpone pentagon cuts, and now they are putting health care on the table. mr. cantor says the gop has presented a big move. nah. losing an election is big. i'm still waiting for the move part from them. joining me now is jared bernstein, msnbc contributor and former chief economist for vice president joe biden and michelle cottle, washington correspondent for newsweek
. republicans know they are pretty much boxed in on this. especially with the public. house speaker john boehner is running out of options. he told president obama over the holidays he could hold the december ceiling hostage in order to get a deal the republicans like. boehner said to the president "there's a price for everything." now that is exactly the attitude that has gotten the republicans into trouble with the american people. our way or the highway. senator dick durbin was quick to shoot down the speaker's threat. >> we're not going to find ourselves with some big party celebrating in february and turn around in march and have another doomsday scenario. we have to get this done as a package. >> interpretation, we might like the deal? republicans need to start coming around to reality. the bush tax cuts for the wealthy, going to be gone. entitlement reform can wait. it's not that the democrats don't want to talk about it, but it isn't going to happen now. maybe next year. right now, the goal is tax cuts for the middle class. if there was any kind of mistake in part of the democrats not be
had shown up at the office of house speaker john boehner today to begin negotiating, jay carney said he could not account for secretary geithner's precise whereabouts. shep. >> shepard: james rosen live at the white house. thanks. worries about the so-called fiscal cliff are not doing much good for our 401(k)s. stocks were down today. the dow lost almost 90. nasdaq fell 9. s & p 500 down 7. analysts say investors are concerned about whether these lawmakers will get together and reach a deal. those worries overshadowed a couple of positive developments. gerri willis is here. we got a report showing that americans are, i don't know, feeling better and so much of this is about how we feel about the economy. >> oh, yeah. that's right. investors may not like it, but consumers love it. their confidence, the highest level in many, many months. still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of their optimism. 20% of consumers
. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the democrats to come along with republicans. >> dana: aside from politics i don't think enough people are talking about what is the right policy and the right answer and solution to get the economy going again? see that social security and medicare is saved for the next generation. >> eric: one quick point, can we as five or the con seventives, bob you should be interested in this, too. forget social security. we pay to the social security system. it's self-fulfilling. >> bob: they pay in medicare, too. >> eric: but we way with payroll and fica to social security. government raids social security. only reason that social security is on table they took $2 trillion we paid into it. >> bob: dana's question do you want transparency and grove
are yearning for cooperation and bipartisanship. but most republicans, they don't get the message. speaker john boehner is threatening to take us to the brink again by refusing to raise the debt ceiling unless he gets what he wants in the tax fight. he told the president, quote, it's my leverage. he said, quote, there's a price for everything. over in the senate, gop leader mitch mcconnell is striking the same tone. >> look, we already know the president's a very good campaigner. we congratulate him on his re-election. what we don't know is whether he has the leadership qualities necessary to lead his party to a bipartisan agreement. >> mr. one-term-president mcconnell is resorting to name-calling. the gop lost because of this attitude. and now they're just looking like a lost cause. joining me now is steve car kna krystal ball. why doesn't the gop look to chris christie assist a role model? he's the most popular person in their party right now? >> hopefully some in the gop do. you have to remember that a lot of people, a lot of folks in the republican party were very upset with chris christie
john boehner. they are protesting cuts in healthcare they say but shows how any kind of spend wiing cut are nearly impossible these days and they are warming for the president's call to raise tax revenue. many democrats are emboldened since the election refusing to talk about any specific cuts to federal spending. >>> president obama and democrats ran on a promise of bush tax rates. president obama didn't hide that last year of the campaign every place he went that's what he talked about. americans when they voted raised their voices and supported our pledge congress acted in accordance with the will of the people. >>> there's a debate of how to raise taxes. if government spending isn't paired back in some way republicans may not fine off on a deal. >> oo we already know the president is a good campaigner. we congratulate him on his reelection. what we don't know is whether he has the leadership qualities to lead his party to a bipartisan agreement on big issues like we currently face. >>> big issues include things like medicare and medicaid. will those be part of a final we will see. t
strategy, gladly paying you tuesday for a hamburger today. house speaker john boehner insists the republicans are willing to work with the mt. offering the tax revenues if significant spending cuts are part of the deal. is social security on table? should it be? we hear from the experts tonight. -up ambassador -- u.n. ambassador susan rice met on a charm offensive to explain comments after the libya terror attack, where she blamed the non-existent demonstration sparked by anti-islam video. "special report" from washington starts at 6:00 eastern. now back to new york and my kriegs with "the five." ♪ ♪ ♪ ♪ >> brian: i'm going with eric to pick my own music. [ laughter ] power ball hysteria is in full force today with hours to go before tonight's historic drawing. tonight could be your night. $4,550,000,000 up for -- $500 million up for grabs. second in lotto history. some times thing turn bad for winners, most of the time. there is a so-called lottery murder in tampa, florida. that's one you turned bad. the story has abraham shakespeare. $30 million lottery in 2006. kill
a sense of urgency. >> they may not agree on details but house speaker john boehner and house minority leader agree on one thing. failure is not on the table. >> going over fiscal cliff will hurt our economy. >> boehner said republicans are committed to a compromise. >> rinz are willing to put revenue on the table. >> so hard ball politics were left to house majority leador eric cantor complaining the white house hasn't come to the table with concession autos we have not seen any good faith efforts on the part of this administration to talk about the real problem. we're trying to fix. tomorrow, round two. abc news, washington. >> president ob dwraum -- obama will meet for a private lunch with mitt romney. the president promised to meet with his rival and that he would consider romney's ideas. romney commented he believed the president won because of so called gifts he gave to hispanics, blacks and young voters. we'll see how the meeting go autos one thing you can do to give your cholesterol lowering drugs a boost. >> a woman finds success on the internet spoofing popular videos and how
. >> obama did come to table on certain things, as did john boehner, unfortunat unfortunatea tea party guys came to the table. neil: that is mark. >> once again year irrelevant. this is the tea party guys fault. this is against mainstream, all of them want big spending, that is what they are looking for, maintaining a big government is in their interest, people cannotment it any more despite electoral results exit polling show people' less deficit, less debt they are worried about long terlong-term financial security. >> they said they would like to raise taxes on 1% of earners. >> they are so evil. >> thank you very much. you might have heard about this you get a blue flu shot every year this time, what if i told you, there is a place, you don't you, there is a place, you don't get a flu with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? t
as this is right now if nothing is done. liz: good luck it you. let us know if you hear from the president or john boehner. we would love to hear about it. thank you so much. >> thanks for having me. liz: national federation of independent business ceo and president, dan danner, sticking up for the little guy. david: they are the base of our economy. coming up next a look what is on the economic radar for tomorrow. liz: find out how much a cup of starbucks new premium coffee will set you back. guess what? it is their most expensive ever. ♪ david: it is time to go "off the desk." maybe over 100 feet off the ground. look at this. plans unveiled. this is the slot sill la. it is a zip line that will carry people above fremont street in las vegas, downtown las vegas. $20 ticket will get you to ride 70 feet in the air. to bucks hold out for the 30, a drop from the giant slot machine over 100 feet above the crowds. a $11 million attraction. expected to open in june. melissa: slot zilla. >>> think starbucks is little pricey already. they are unveiling a new premium coffee. most expensive cup of coffee.
with the congressional leaders, john boehner, harry reid, mitch mcconnell, and out for thanksgiving solely today are people trying to get back starting to draw the battle lines a little bit. we seem to have burned three weeks which is time is of the essence. david: i'm thinking three years ago obamacare on christmas eve, will it come down to that? >> maybe new year's eve january january 1, mandattry spending cuts kick in on the second of january. you hit on a very important point. congress only ask when there is the gamut swinging over their heads. they often do this around christmas time. it is the final train leaving the station. finishing the christmas shopping and people start to get itchy, i compare it to stockholm syndrome. people are sweating it out after a while they start to sympathize. david: i was saying is it an either or? tax rates go up or you get in and of deductions for the wealthy, and he seemed to say both. we should have a cap of $25,000 cap on abductions and marginal tax rate go up. do you think the president will hold out for that? >> harry reid this afternoon was adamant,
to meet our needs what is interesting is we have representative john boehner talking about putting obamacare in the fiscal cliff discussion and they did not come downie their way on that but they are stepping out talking about the urgent need to fix the fiscal cliff. >> these companies have two strikes against the. the fiscal cliff and obamacare and reliant on prescriptions for elderly. liz: it is not generic but cheap drugs, being fixed. again and again i am watching the slow parade of ceos and companies, you see the usual suspects. is striking to see walgreen's and cvs because these guys don't discuss public policy and i don't think it is to butter up the guys in washington. i don't think any a seat at the table. dave: when you said she drug all of our crew looked up. what is going on? i don't know. i just throw that in. see you later. coming up next a look at the important news on the radar for next week that will be moving markets. tracy: black friday shoppers need to be extra careful in the parking lots and it is not because i am there. [ male announcer ] how do you tde? with
and dennis kneale, i love you guys. aids activists strip down outside john boehner's office yesterday. they were promptly arrested, protesting cuts to the medicaid. do you think this was an effective tactic? what do you think? >> what's next, lap dances from diabetes sufferers? what bothers me is every group that worries about cuts can go protest. at what point do they say i realize we have to cut back somewhere. >> that will never happen. never. >> i'm more concerned about getting naked in front of boehner. no offense, mr. speaker, but, oh. the spray tan? >> they do not look spray tanned. >> they did pick some of the more attractive -- >> i have to say, you know, i think you need to -- >> 35% of the people should be obese, but they are not. it's not representative. >> next-under-par, a web entrepreneur lawns -- launched a dating site for travelers. has 20,000 members worldwide. >> all of them are men. men are the only ones who would want a short term meeting in an airport. >> scary. >> i love the idea. i think it's great. because what are you going to do in the a
or a republican, this should be priority number one, it's when john boehner had the new freshman tea partiers come in in 2010 and facing the debt ceiling, he characterized the first adult moment for the new freshmen congressmen and i think this is the second adult moment. can we get beyond party politics and rigid ideology and come with a compromise that will benefit the american people? we need both to look seriously at spending cuts and revenue generation for the country right now. >> all right, so let's-- >> and let's put a couple of ideas on the table and angela, i'm surprised you would say obamacare should not be on the block, and what do you think should be on the block? what kind of-- if we're talking about spending here, where would you want to make cuts, angela? >> well, first of all, we should cut the wasteful spending that we have with the department of education, with the department of energy, i can go down the list, but rick, the reason why i don't want obamacare on the table. it will politicize this process, in 2010 congress had referendum on obamacare and that's why the republicans
will look like when these conversations between the president and speaker john boehner are done? what will look like when they are done? >> i think we will have slightly higher marginal tax rates on some -- at least one high income tax bracket and i think there will be a variety of tax and exclusions and deductions that are scaled back modestly and that's about it. >> it scaled-back means capt. someone, i agree completely. ." >> i think we will see some of those things rolled back. i think the top rate will be in between 39 and 45%. >> we have some common ground among our economists where we will end up. thank you for joining us and thank you all. i appreciate the pedersen foundation to participate. >> as i have contemplated how the burlington -- the meeting to close, i remember a nobel prize winner at the university of chicago where it was presumably educated used to say if you have no alternative, you have no problem. i thought about the alternative of delivering what i'm sure you would love to hear -- a 30- minute lecture or simply saying thank you very much. deeply appreciate the
] >> what about speaker john boehner's concept of a bridge deal, which could be a revenue package and tax reform and the new year that does bring in new revenue? >> i think it is a wonderful idea to have tax reform in the new year. i think john boehner keeps trying to soft and what the american people said on november 6. that is why i am so adamant against rejecting it. we need to use this moment to answer the call of the american people, which they said loud and clear on november 6. >> what do they plan to do to help the president? how much money do you plan to spend? >> we have joined with other organizations, labor and community, which started on november 8 with 44 actions a run the country. we were doing visits on the hill together. we just went up on the air with paid media to do education a run the the id -- with key states and we are bringing local leaders together to lobby congress the week after thanksgiving. then we will do another day of action on december 10. we have additional actions planned in the week of the 10th and the 17th. we will make a decision about what to do and w
package. we should not take ironclad positions. i would say john boehner has put together pretty good package and has been conciliatory in his language. host: that was yesterday. we are asking republicans what you think about indications from some republicans that they are willing to break their anti-tax pledge. here's the washington post story -- we will go to the phones to hear from kiev and, joining us from stafford, virginia. good morning. caller: good morning. if you listen very carefully, peter keane and even saxon chambliss and lindsey graham all said the same thing. we want revenue and are willing to generate revenue, but not by raising taxes. it is very simple. the president does not want to -- the president only wants to tax the rich because he said it during the campaign about 1 million times. millionaires and billionaires. a family of two that makes $250,000 a year are not millionaires. the problem is we are not opposed to revenue. we are opposed to a tax increases. lindsey graham said exactly that and peter king did too. it is against raising taxes. there are other ways t
in john boehner putting together a good package. he is very conciliatory in his language. >> i do am opposed to raising tax rates but i do believe we can close loopholes. >> they have to go up real tax rates or effective tax rates. there are ways to do that. secondly we have to close significant loopholes. martha: all right. what are we hearing here? are he starting to hear a little bit of common ground? a high level meeting as you just heard on the fiscal cliff is expected this week at the white house with the president getting involved. nobody knows exactly when that will take place and who all of the players will be. we'll talk to senator sessions. bill: listen carefully on the language as we work through this. nearly all americans will see their taxes go higher if congress does not reach a deal by the 1st of january. 158 million americans would be affected. every household in the country would pay 3500 more in taxes in 2013. 88% of households would see their taxes rise. martha: even the white house is warning that the uncertainty of a potential tax hike could hurt american retail
speaker john boehner said he would prefer closing loopholes and tax deductions rather than raising rates. martha: thank you very much. bill: the budget negotiations with congressional leaders started a few weeks ago with president obama barack obama calling for $1.6 trillion in additional tax revenue over the next decade. treasury secretary timothy geithner argues that you cannot raise enough revenue to reduce the deficit by only limited tax breaks as some republicans argue, some senior republican aides they say believe a likely compromise would generate about a trillion dollars in new tax revenue possibly by limiting the deductions. martha: part of this whole equation. any future spending cuts should come gradually warned the global economic watchdog so as not to derail the already weak recovery. the group predicts the economy will grow a bit next year but at a slower rate than originally thought. we are really in a very slow growth pattern. they are projecting 2% next year compared with 2.6% which was the forecast from a few months ago. that kind of gross does not get you up off the ma
the podium all set up there. we understand that eric canter and john boehner are going to be part of this press conference. the gop leaders going to talk about jobs and the eeky and probably more about the strategy dan lothian just laid out. when they begin speaking we'll take you back there live. >>> also today president obama meets with chief executives of some of the nation's biggest kms. you heard dan say that. all to gauge how the looming tax hikes and spending cuts could impact business. you may not recognize the faces of these ceos but you'll certainly recognize their companies -- coca-cola, at&t, home depot, macy's among the iconic brands. they represent everything from retail to manufacturing to finance. all right. time for round two. ambassador susan rice will try again to smooth things over with republicans. right now rice is meeting with senator susan collins and at the top of the hour will sit down with senator bob corker. they will examine why rice told americans the attack on the u.s. consulate in benghazi was spontaneous and not al qaeda related. rice is most likel
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